A great opportunity to own a income producing multi-family property. Both units are leased and tenant occupied. They are both in good shape. Appliances are included in the sale. One unit currently brings in $1300 monthly and the other unit brings $1400 per month. Both tenants would like to remain with the properties long term if possible and tenant rights apply. 48 hour notice needed for showings.
Sold for $250,000
$250,000
319 Gunnison Ave SW, Grand Rapids, MI 49504
4beds
1,847sqft
Multi Family
Built in 1890
-- sqft lot
$302,600 Zestimate®
$135/sqft
$1,716 Estimated rent
Home value
$302,600
$275,000 - $330,000
$1,716/mo
Zestimate® history
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$1,693/mo
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Zillow last checked:
Listing updated:
Listed by:
Dwala Burk 248-747-2981,
The Virtual Realty Group
Bought with:
Mitchell D Luban, 6506047711
Edison Brokers & Co LLC
Source: Realcomp II,MLS#: 20240029152
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total interior livable area: 1,847 sqft
- Finished area above ground: 1,847
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 3,920 Square Feet
- Dimensions: 39.00 x 98.80
Details
- Parcel number: 411326480010
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Michigan Basement
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Grand Rapids
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $197,600
- Annual tax amount: $3,600
- Date on market: 5/3/2024
- Cumulative days on market: 10 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2024 | Sold | $250,000-10.4%$135/sqft |
Source:  Realcomp II #20240029152 Report a problem | ||
| 5/27/2024 | Pending sale | $279,000$151/sqft |
Source: Realcomp II #20240029152 Report a problem | ||
| 5/3/2024 | Listed for sale | $279,000+50.8%$151/sqft |
Source: Realcomp II #20240029152 Report a problem | ||
| 1/29/2021 | Sold | $185,000$100/sqft |
Source:  MichRIC #20047523 Report a problem | ||
| 11/17/2020 | Pending sale | $185,000$100/sqft |
Source: Rockfinch Realty LLC #20047523 Report a problem | ||
| 11/13/2020 | Listed for sale | $185,000+1416.4%$100/sqft |
Source: Rockfinch Realty LLC #20047523 Report a problem | ||
| 3/4/2009 | Sold | $12,200-44.5%$7/sqft |
Source: Public Record Report a problem | ||
| 12/17/2008 | Listed for sale | $22,000-45%$12/sqft |
Source: foreclosure.com Report a problem | ||
| 9/26/2008 | Listing removed | $40,000$22/sqft |
Source: Coldwell Banker** #710913 Report a problem | ||
| 4/2/2008 | Listed for sale | $40,000-50.1%$22/sqft |
Source: Coldwell Banker** #710913 Report a problem | ||
| 1/10/2007 | Sold | $80,105$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,196 | $98,800 +16.6% |
| 2024 | -- | $84,700 +41.6% |
| 2021 | $1,065 | $59,800 +25.9% |
| 2020 | $1,065 +3.6% | $47,500 +8.4% |
| 2019 | $1,029 | $43,800 +31.9% |
| 2018 | -- | $33,200 +15.7% |
| 2017 | $1,014 | $28,700 -6.2% |
| 2016 | $1,014 | $30,600 |
| 2015 | $1,014 +0.5% | $30,600 +14.2% |
| 2013 | $1,008 | $26,800 -18.8% |
| 2011 | -- | $33,000 -8.3% |
| 2010 | -- | $36,000 -11.5% |
| 2009 | -- | $40,700 +3.8% |
| 2007 | -- | $39,200 +25.8% |
| 2006 | -- | $31,164 +3.7% |
| 2005 | -- | $30,053 +3.3% |
| 2004 | -- | $29,093 +41.1% |
| 2002 | -- | $20,617 +3.2% |
| 2001 | -- | $19,978 |
Find assessor info on the county website
Neighborhood: Southwest
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Nearby schools
GreatSchools rating
- 8/10John Ball Park Zoo SchoolGrades: 6Distance: 0.7 mi
- 6/10Grand Rapids University Preparatory AcademyGrades: 6-12Distance: 1.2 mi
- 2/10Westwood Middle SchoolGrades: 6-8Distance: 1.4 mi
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Estimated market value
$302,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$302,600
- Michigan
- Kent County
- Grand Rapids
- 49504
- Southwest
- 319 Gunnison Ave SW
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